Advogato: Presenting Open Source …

Deja.com cuts 30% of its staff. CNet is acquiring ZDNet. ZDNet is an investor in Deja.com. CNet also recently acquired MySimon.com. I think that much of this news is to be expected. There are simply far too many of these dot-com startups with bad business plans and no non-existant revenue models. It’s good that some of these companies are getting weeded out, acquired, shutting down completely, or changing focus.